Property Overview: 279 Brookfield Crescent, Bridgwater Lakes
Section 1: Key Characteristics & Appeal
This well-maintained two-storey home, built in 2014, sits on a generous lot in the popular Bridgwater Lakes neighbourhood. Its key features include a fully renovated basement and a detached garage. The appeal lies in a combination of modern construction, ample indoor and outdoor space, and a strong position within its immediate area.
While its living space is comfortably sized, the property stands out for its larger-than-average lot and its relative newness compared to most homes in Winnipeg. The data suggests it’s a solid, above-average property on its own street, particularly in terms of lot size, age, and assessed value. It would suit buyers looking for a move-in ready home in a modern community who prioritize outdoor space and recent construction. It’s also a sensible option for those who value a home with a finished basement for extra living area or rental potential, and who may see the detached garage as a benefit for storage or a workshop.
A less obvious perspective is that this home represents a stable, middle-ground investment within its micro-market. It doesn’t top the charts in the broader neighbourhood, but it consistently ranks well on its specific street, indicating it’s a desirable property in its immediate context. The significant jump in assessed value since its last sale also points to strong appreciation.
Section 2: Frequently Asked Questions
1. How does this home compare to others on the street?
It ranks very well among its direct neighbours. It has a larger lot than 58% of homes on Brookfield Crescent, is newer than 84% of them, and has a higher assessed value than 75%.
2. What is the significance of the renovated basement?
A renovated basement immediately adds liveable square footage, which can be used as a family room, home office, or secondary suite. It’s a key value-add that saves the new owner from a major renovation project.
3. The assessed value is noted as $58.20k. Is that the full value?
No. This figure is the assessed value for municipal tax purposes, not the market value or listing price. Market value is typically significantly higher and is determined by recent sales of comparable properties.
4. What are the implications of a detached garage versus an attached one?
A detached garage offers more flexibility (e.g., less noise transfer, potential for a workshop) but means dealing with the elements when going between your car and house. It’s often preferred by those who use the garage for hobbies or projects.
5. The home sold in 2016 for $45.20k. Why was that price so low?
Similar to the assessed value, this recorded sale price is not the full market price. It likely represents a partial transaction value for administrative purposes, such as a title transfer within a family, and does not reflect an arm’s-length market sale.